When most enterprise companies worry about having their systems hacked by attackers, the main concern is for the enterprise networks. Few companies consider that their phone systems may be vulnerable to hacking resulting in costly toll fraud. Nevertheless, the practice of hacking into corporate PBX systems and injecting fraudulent calls over the network is causing […]
Archives for January 2019
Amazon Pay gets another Rs 300 crore from parent entity
Digital payments company Amazon Pay has received Rs 300 crore in fresh funding from its e-commerce parent entity Amazon, according to filings with the Register of Companies accessed by ET. The latest funds come after four previous capital infusions in 2018, amounting to Rs 1,250 crore. The new investment comes in the wake of increased […]
Social media giants plan push-back on India’s new regulations: Sources
Global social media and technology giants are gearing up to fight sweeping new rules proposed by the Indian government that would require them to actively regulate content in one of the world’s biggest Internet markets, sources close to the matter told Reuters. The rules, proposed by the Information Technology ministry on Christmas Eve, would compel […]
Exploring the economic realities of cybersecurity insurance | Salted Hash Ep 43
Guest host Juliet Beauchamp talks with senior writer J.M. Porup about the newly created cybersecurity insurance industry, and how a policy could fit into an organization’s overall security strategy to help minimize risk.
After Paytm, Amazon starts physical KYC verification
Deep-pocketed financial technology players are setting up physical infrastructure to provide know-your-customer (KYC) services for users, following the Supreme Court verdict restricting Aadhaar usage by private entities. Paytm has done it: It put a number of executives on-ground to nudge users to complete their KYC process after the verdict. Now, Amazon has started rolling out […]
Real marker for a business is the money it makes: Snapdeal’s Kunal Bahl
By Kunal Bahl, Snapdeal Last month, during a dinner with business leaders from traditional sectors like cement, textiles, hospitality, etc, the discussion veered towards the soaring losses of digital businesses and whether this was on account of “spray & pray” optimism about a fortune to be made down the road. In the preceding weeks, a […]
Research Firm Ranks 9 Cloud Management Platforms
News Research Firm Ranks 9 Cloud Management Platforms By David Ramel 01/10/2019 Research firm Gartner Inc. published a new report on cloud management platforms, listing Flexera (RightScale), Scalr, Embotics and Morpheus Data in the “leaders” category. “CMPs enable organizations to manage multicloud (i.e., private and public cloud) services and resources,” the report says. “This includes […]
At CES, Focus is On ‘Cool Factor’ Not IoT Security
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Reliance Jio takes first big step into fintech, enters PoS business
Fintech seems to be the next segment that Mukesh Ambani’s Reliance is aiming to disrupt. Payments bank was just the start. After acquiring over 200 million subscriber base, Reliance Jio is now eyeing the merchant community by entering the point-of-sale (PoS) segment. If an industry source is to be believed then the company has already […]
How edge computing can help secure the IoT
Data created by Internet of Things (IoT) sensors must be secured better, say some. A simple password-on-device solution is no longer sufficient thanks to increasing data protection regulations, a new public awareness of tracking, and hugely proliferating devices. A new kind of architecture using Security Agents should be aggressively built into local routers and networks […]